The Chief of Police shall authorize the issuance of a Class A private club license or a Class B private club license, as the case may be, for the operation of a private club hereunder, when he or she finds, after investigation:
(A) The applicant, or if the applicant is a corporation or association, the proposed operators, partners, or managers, are of good moral character, and that if the application is for a Class A private club license, the applicant does, in fact, hold and maintain a tax-exempt status under rules and regulations of the Internal Revenue Service of the United States;
(B) The applicant, or if the applicant is a corporation or association, the proposed operators, managers, or partners have never been convicted of any felony;
(C) The manner in which the applicant proposes to operate the private club does not violate any of the provisions of the statutes and regulations of the state, or the ordinances of the town, including those relating to alcoholic beverages; and
(D) The general public will, in fact, be excluded from the premises operated by the private club.
(Prior Code, Ch. 2, Art. 4, § 34)